USDJPY Holding Within the Ascending Channel
USDJPY Holding Within the Ascending Channel
The USDJPY remains within the ascending channel with key support being at 151.60.The next upside target is the 78.6% Fib at 157.17 but today we want to focus more on the potential of a breakdown since that will have major technical repercussions. It will both open the D/S for the pair and lead to a breakdown in the Nikkei 225. 149.25 will be the 1st D/S target for the pair.
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